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CEG Latest News
Constellation Energy Corporation (NASDAQ:CEG) will hold its Q3 2024 Earnings Conference Call on November 4, 2024, at 10:00 AM ET. The call will feature company representatives, including Emily Duncan, Joseph Dominguez, and Daniel Eggers, along with analysts from various financial firms. Currently, all participants are in listen-only mode.
U.S. stocks were down in the middle of the trading session, with the Dow Jones index dropping over 200 points on Monday.
The main reason to support Constellation Energy stock has now turned into a disadvantage.
Constellation Energy Corporation (CEG) reported quarterly earnings of $2.74 per share, which is higher than the Zacks Consensus Estimate of $2.72 per share. This is an increase compared to earnings of $2.26 per share from the same time last year.
Constellation Energy, an electric utility company, increased its profit forecast for the year and exceeded Wall Street's expectations for its third-quarter earnings on Monday, thanks to a rise in power demand.
BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation's Board of Directors has announced a quarterly dividend of $0.3525 per share for its common stock. This dividend will be paid on December 6, 2024, to shareholders who are on record by 5 p.m. Eastern time on November 15, 2024. Constellation, based in Baltimore, is a Fortune 200 company and the largest producer of clean, emissions-free energy in the country.
CEG's earnings for the third quarter are expected to have increased due to the effective operation of its nuclear fleet and high demand from industrial clients.
People who subscribe to Chart of the Week got this commentary on Sunday, October 27.
Constellation Energy Corporation (CEG) has the right mix of two important factors that could lead to better earnings in its next report. Be ready for the main expectations.
Three different methods of nuclear power, including small reactors, well-known utility companies, and new fuel technologies, could support the energy needs of major tech companies in their AI projects.
What type of business is Constellation Energy?
Constellation Energy Corporation generates and sells electricity in the United States. It operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company sells natural gas, energy-related products, and sustainable solutions. It has approximately 33,094 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.
What sector is Constellation Energy in?
Constellation Energy is in the Utilities sector
What industry is Constellation Energy in?
Constellation Energy is in the Renewable industry
What country is Constellation Energy from?
Constellation Energy is headquartered in United States
When did Constellation Energy go public?
Constellation Energy initial public offering (IPO) was on 19 January 2022
What is Constellation Energy website?
https://www.constellationenergy.com
Is Constellation Energy in the S&P 500?
Yes, Constellation Energy is included in the S&P 500 index
Is Constellation Energy in the NASDAQ 100?
Yes, Constellation Energy is included in the NASDAQ 100 index
Is Constellation Energy in the Dow Jones?
No, Constellation Energy is not included in the Dow Jones index
When was Constellation Energy the previous earnings report?
No data
When does Constellation Energy earnings report?
The next expected earnings date for Constellation Energy is 06 November 2024